2014

Kabbage, a platform for online merchants to borrow working capital, is picking up some cabbage of its own: the startup has closed a $270 million credit facility from Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners.

Coupa Inc., which helps companies track spending on items like travel and office supplies that can quickly eat into corporate budgets, raised another $40 million, bringing total funding to $87 million.

Over 30,000 people attend Austin's South by Southwest annually; many are entrepreneurs looking to catch the eye (and checkbook) of a VC investor. So, do VCs really find their next investment at SXSW? With a little luck, sometimes lightning strikes, like it did for Kabbage.

Pluribus Networks announced today its analytics solution, inNetwork Analytics, which empowers both NetOps and DevOps with faster time-to-problem resolution and seamless visibility into both overlay and underlay networks.